Business Analyst (Derivatives)

JR United Kingdom; Belfast; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading consultancy firm is seeking an experienced Business Analyst to focus on Over-the-Counter (OTC) Derivatives. The role involves analyzing business requirements, managing data tasks, and facilitating communication between stakeholders and technical teams. The ideal candidate will have strong SQL skills and a solid understanding of financial regulations.

Qualifications

• Proficiency in SQL for data querying and analysis.
• In-depth understanding of OTC derivatives products.
• Experience with financial data systems and trading platforms.

Responsibilities

• Collaborate with stakeholders to gather and document requirements.
• Utilize SQL for data extraction and analysis.
• Develop comprehensive documentation including BRDs and FSDs.

Skills

Analytical skills

Problem-solving skills

Communication

Tools

SQL

Tableau

Power BI

Job description

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We’re Synechron, a global consultancy laser-focused on accelerating digital initiatives in financial services.

With over 14,500 members of staff across 17 countries and a unique mix of end-to-end digital, business and technology services, we help clients solve complex challenges with modern and innovative solutions.

We're big enough to be taken seriously, yet small enough to operate with an agile, open, relationship-driven approach. Our clients come to us with problems that need genuine thought, intelligence and knowledge; we're not just putting bodies on seats.

We are looking for an experienced Business Analyst with a solid background in Over-the-Counter (OTC) Derivatives and strong SQL querying skills. The successful candidate will play a critical role in analyzing business requirements, managing data-related tasks, and facilitating communication between stakeholders and technical teams to drive effective solutions.

Key Responsibilities:

• Requirement Analysis: Collaborate with business stakeholders to gather, analyze, and document requirements related to OTC derivatives products and processes.
• Data Management: Utilize SQL to extract, manipulate, and analyze data from databases to support decision-making and reporting.
• Documentation: Develop and maintain comprehensive documentation, including Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), and process flows.
• Stakeholder Communication: Facilitate discussions and workshops with stakeholders to ensure clarity of requirements and alignment on project goals.
• Solution Development: Work closely with IT and development teams to design and implement solutions that meet business requirements, ensuring data integrity and compliance with regulations.
• Testing & Quality Assurance: Create and execute test cases, conduct user acceptance testing (UAT), and validate that deliverables align with business expectations.
• Regulatory Awareness: Stay informed about relevant regulations impacting OTC derivatives and ensure that business processes are compliant.

Technical Skills:

• Proficiency in SQL for data querying and analysis.
• Familiarity with financial data systems and trading platforms.
• Experience with data visualisation tools (e.g., Tableau, Power BI) is a plus.
• Soft Skills: Strong analytical and problem-solving skills, with excellent written and verbal communication abilities. Proven ability to work collaboratively across teams.
• Knowledge: In-depth understanding of OTC derivatives products (e.g., swaps, options, forwards) and relevant regulatory frameworks (e.g., Dodd-Frank, EMIR).